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Stock Market & Financial Investment News

News Breaks
December 21, 2012
17:05 EDTWTRAqua America subsidiary to adopt repair tax accounting change in 2012
Aqua America announced that it intends to adopt the repair tax accounting change for its Pennsylvania subsidiary on Aqua America's 2012 federal income tax return to be filed in September 2013. This change, which the company previously announced it was evaluating, allows a tax deduction for investments that were formerly capitalized for tax purposes. The company will use flow-through accounting for the tax benefits of the repair tax accounting change per its previously disclosed Pennsylvania rate order from June 2012. The proposed action is a frequently implemented tax benefit that has been used by numerous companies, including utilities in recent years.
News For WTR From The Last 14 Days
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December 11, 2014
08:31 EDTWTRAqua NJ says approaching completion of infrastructure improvement program
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December 8, 2014
09:15 EDTWTRAqua America announces 1M share repurchase program
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